Vat increase
Mboweni: 'Zuma’s free higher education decision one of reasons behind VAT hike'
Tito Mboweni was replying to debate on a tax bill that gives effect to the rise from 14 to 15% in VAT which kicked in earlier this year.
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ANC lekgotla to focus on high cost of living, says Magashule
ANC secretary-general Ace Magashule says the ANC has acknowledged the need to improve the economy as South Africans deal with the rising cost of living.
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Treasury expects review report on VAT zero-rated items by end of July
The independent panel, established in March, has received public submissions and held hearings on whether the list of 19 items should be expanded
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Cosatu in WC vows to intensify anti-VAT increase protest
In April, VAT increased by one percentage point to 15% to raise R22.9 billion more for the fiscus.
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Cosatu WC to march to Parly over VAT decrease
The trade union says the knock-on effects of the VAT increase has severely impacted consumer products and transport costs.
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City Power kick-starts 2018/2019 financial year with R1.2bn shortfall
City Power has cited an unpaid VAT refund from Sars of over R314 million and a terminated contract with Eskom which accounts for over R267 million.
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[CARTOON] The People’s Burden
By Dr Jack & Curtis.
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[LISTEN] Professor Tim Noakes on zero-rated foods
Noakes lists the zero-rated foods that can lead to healthier lifestyles in light of the recent increase in VAT.
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[LISTEN] 'Just travelling to someone for a braai will now cost more'
Cape Talk host Kieno Kammies interviews tax consultant at Mazars Tertius Troost, who calculated the price of a braai.
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Slow consumer confidence linked to drop in VAT collection, says Sars
Year-on-year growth for VAT has declined by 0.1%.
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South Africans urged to budget as VAT increase comes into effect
Economist Azar Jammine says the other issue is that personal tax rates are also increasing.
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[LISTEN] How to survive the VAT increase
Frank Magwegwe, founder of ThrivenFinancial Wellness says consumers can cut down on unnecessary spending and must also look at other ways to make an additional income.
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Locals not happy with SANParks tariff increases
SANParks increased rates on Sunday in line with the recent value added tax (VAT) hike.
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Businesses warned to update systems to implement VAT increase
Retailers and other businesses who provide services will need to ensure their invoices correctly calculate the increase which will have a knock on effect on almost every South African.
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Sars: VAT hike to benefit South Africans in long-term
The 1% increase from 14% to 15% kicked in on 1 April.
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[LISTEN] Economist: The state is spending far too much money
Cape Talk host Africa Melane interviewed Efficient Group chief economist Dawie Roodt.
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Economists: VAT increase will hit consumers hard
Some economists have advised that consumers turn to food items which have zero vat implications.
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Capetonians brace for 27% rise in water & sanitation rates
The city says a major allocation in the 2018/19 budget is R9.8 billion earmarked for water and electricity bulk purchases from the Department of Water and Sanitation and Eskom.
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EFF's Malema calls on SA to unite against VAT increase
EFF leader Julius Malema says that government should instead increase corporate tax to relieve the poor.
